Refer to the Following Table to Answer the Following Questions

question 110

Multiple Choice

Refer to the following table to answer the following questions:

-If the price of attending a soccer game changes from $25 to $20,the marginal utility per dollar spent for the fifth game changes from

• A) 2.50 to 2.00.
• B) 3.00 to 3.75
• C) 3.75 to 3.00.
• D) 2.00 to 2.50.
• E) 20 to 25.

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Definitions:

Smiling

The act of expressing happiness, pleasure, or amiability by curving the lips upwards.

Gold Team

In various contexts, such as competitions or operational scenarios, a group distinguished by the color gold, often signifying a special role or achievement.

Blue Team

In cybersecurity, a group responsible for defending an organization's information systems against attacks.

Jelly Bean Counting Contest

A competition where participants estimate the number of jelly beans in a container, often used as a game or challenge at events.